CVS Health Corporation, together with its subsidiaries, is an integrated pharmacy healthcare company. The Company provides pharmacy care for the senior community through Omnicare, Inc. (Omnicare) and Omnicare's long-term care (LTC) operations, which include distribution of pharmaceuticals, related pharmacy consulting and other ancillary services to chronic care facilities and other care settings. It operates through three segments: Pharmacy Services, Retail/LTC and Corporate. The Pharmacy Services Segment provides a range of pharmacy benefit management (PBM) solutions to its clients. As of December 31, 2016, the Retail/LTC Segment included 9,709 retail locations (of which 7,980 were its stores that operated a pharmacy and 1,674 were its pharmacies located within Target Corporation (Target) stores), its online retail pharmacy Websites, CVS.com, Navarro.com and Onofre.com.br, 38 onsite pharmacy stores, its long-term care pharmacy operations and its retail healthcare clinics.

Financial Overview

For the three months ended 31 March 2019, CVS Health Corp revenues increased 35% to $61.65B. Net income applicable to common stockholders increased 42% to $1.42B. Revenues reflect Pharmacy Services Segment increase of 4% to $33.56B, Retail Pharmacy Segment increase of 3% to $21.12B. Net income benefited from Pharmacy Services Segment income increase of 12% to $850M, Intersegment Elimination loss decrease of 2% to $172M.